Washington VA Loan Info
Washington VA and VA Jumbo Loan info – Direct Lender – VA Purchase, VA Refinance, and VA IRRRL Streamline Refinance
VanDyk Mortgage is your source for VA Loans and VA Jumbo Loans in Washington State. We have been helping Veterans with VA loans since 1987. VanDyk Mortgage is a Direct Lender offering VA and VA Jumbo Loans, and VA Condominium Loans. We offer many VA loan programs for Washington Veteran Homebuyers and Washington Veteran Homeowners to Purchase and Refinance their homes, as well as Streamline Refinance using the VA IRRRL Program.
- VA Loans (Purchase and Refinance)
- VA Jumbo Loans (Purchase and Refinance)
- VA Loans for Condo’s (Purchase and Refinance)
- VA Jumbo Loans for Condo’s (Purchase and Refinance)
- VA Streamline Refinance (IRRRL)
- VA Jumbo Streamline Refinance (IRRRL)
Washington VA Loans are available up to $2m with Zero Down payment required for qualified Veterans with full VA Entitlement available. Veterans with partial VA Entitlement or a charge against VA Entitlement may still qualify for a VA loan up to $2m with a corresponding down payment. The formula to calculate your required down payment is a combination of the County VA Loan Limit, the purchase price of the home, and your remaining VA entitlement.
We do not limit Veterans to the 2022 County Loan limits for VA Jumbo Loans. We offer VA Jumbo Loans up to $2.0 Million with the appropriate down payment or equity to reach the VA Guarantee requirements of 25%. Here is one of our posts on how you can get a VanDyk Mortgage VA Loan over your county limit.
If your current VA Loan exceeds your VA County limit, we can help you utilize the VA Jumbo IRRRL Streamline Refinance, we offer VA Jumbo IRRRL Streamlines even when loan amount exceeds your current VA County Loan Limit.
VA Home Loan Info for Washington:
- Active Duty Military and Veterans can both qualify
- 100% financing up to $2M for Veterans with full VA Entitlement available
- Veterans with partial VA Entitlement available may still qualify up to $2m for a VA Loan with a corresponding down payment. (call us to calculate)
- VA Loans require no Mortgage Insurance
- VA Loans do require a VAFF (VA Funding Fee), which is usually financed
- Veterans with a 10% or higher VA disability pay NO VA Funding fee
- Sellers can pay up to 4% of the VA Buyers closing costs
- VA loans and VA Jumbo loans require just 2 years post Bankruptcy or Foreclosure
- VA Approved Condo’s can utilize VA Loans too
- Your VA Benefit can be used more than once
VA Loans can be used to purchase multi family 2-4 unit homes (2-unit, 3-unit, 4-unit, Duplex, Triplex, Fourplex). (Refinance also)
We offer VA financing on VA Approved Condo’s. Here is a link to the new Veterans Administration VA Approved Condo Search Engine. Please call us if you have questions or need help with your VA Approved Condo search, we are here to help. We can also assist in getting your VA Condo Approved with the VA.
VanDyk Mortgage has been helping Veterans with VA loans since 1987. We are a HUD recognized Full Eagle FHA DE underwriter and FHA Direct Lender also. We are a VA Lender and VA Jumbo Lender. We offer VA Loans, VA Jumbo Loans, VA Condo Loans, VA Refinance Loans, VA Jumbo Refinance Loans, VA IRRRL Streamline Loans and VA Jumbo IRRRL Streamline Loans.
Go with the Government Loan Pros, go with VanDyk. Call or text Brian Skaar at 760-752-4480 for help with your VA loan financing.
Call us for help throughout Washington State with your next VA Loan. We service the entire state including: Auburn, Bellevue, Bellingham, Bonney Lake, Bothell, Bremerton, Edmonds, Everett, Federal Way, Kent, Kirkland, Lacey, Lake S6tevens, Lynnwood, Monroe, Mukilteo, Puyallup, Redmond, Renton, Seattle, Spokane, Tacoma, Vancouver, Wenatchee, Woodinville, Yakima, and everything inbetween.